This year, for the sixth straight year, the Trustees issued a "Medicare funding warning." Marilyn Tavenner, CMS Administrator, stated: "While Medicare is stable for now, we have a lot of work ahead of us to guarantee its future." Expenditures by the Hospital Insurance Trust Fund have exceeded income since 2008 and are expected to do so for the foreseeable future. The Trust Fund is expected to cover only 87 percent of costs in 2024 and 67 percent of projected costs in 2050..Why Did Dad Get a Bill for ,944 After Hospitalization for COVID-19?.Social Security Notch Reform Working towards benefit equality for older Americans..This week, the Congressional Budget Office released its analysis of the Senate's new Better Care Reconciliation Act, and leaders in the Senate postponed a vote on it until after the week-long holiday recess..Ask whether you are an inpatient or outpatient: If admitted to a hospital, it's highly important that you, or your designated caregiver find out immediately whether you are being admitted to the hospital as an inpatient or an outpatient. Even if you are admitted as an inpatient, the hospital can switch you to observation status, but the hospital is required to notify you..Under traditional Medicare with Medigap, you have greater freedom to select providers and to travel and still get coverage. Medigap is the better choice for people who divide their time between homes in two different states, or who like to travel outside the U.S. Several Medigap plans cover foreign travel emergencies. On the other hand under many Medicare Advantage plans, you would need to follow your plan rules to get in-network care and would be more limited to specific geographic areas. If you join a Medicare HMO and then have a medical emergency in other part of the country where your plan does not operate you would foot 100% of the medical bill..I set the glasses back down on the window ledge, fill a container with water and suddenly spot the TV remote..sources of income to add to your Social Security. Here's how:.Letter to Senator Marco Rubio Re: Financial Effects On Social Security Of S.744, Stephen Goss, Chief Actuary, Social Security Administration, May 8, 201"Hatch, Rubio Unveil Amendments to Further Strengthen Immigration Bill," Senator Orrin Hatch, June 12, 2013.

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President Trump recently said that the United States has to create new bidding procedures for the drug industry. TSCL believes that new bidding procedures alone would not give Medicare the power to bring down prices on drugs when a company holds a monopoly on the only drug available to treat specific conditions. TSCL supports giving Medicare greater power to negotiate the price of drugs like it does for all other services covered under Medicare, and making it easier to import less expensive FDA approved drugs..Indeed, the Social Security Administration does not "promise" a specific amount of benefits, but they do not promise to replace a specific percentage of pre-retirement earnings either. Both benefit amounts and "replacement rates" can change at any time if Congress and the Social Security Administration deem it necessary. Prior to the 1977 changes, the replacement rate was not a stable percentage. For people who retired under the 1972-73 flawed formula, replacement rates grew from 39% to a high of 54%. The new benefit formula led to a lower, more stable replacement rate of about 43%, as well as lower benefits..Medicare Savings Programs cover the cost of the Medicare Part B premium, saving a person 8.50 per month in 202Depending on income, those with the lowest income may also qualify for additional benefits that cover the Part B deductible and out-of-pocket costs. People with incomes in 2020 of up to ,456 per month or ,960 might be eligible if they have limited savings and resources of ,860 or ,800. These limits are slightly higher for Hawaii and Alaska. This program is administered through state Medicaid programs and states may have guidelines that allow people with slightly higher income to enroll. If interested,contact your local Medicaid office to apply. … Continued

State Indicator Percent Change In State Tax Revenue

The Republicans on the committee include: Sens. Jon Kyl, John Barrasso, and Mike Crapo ; and Reps. Tom Price, Nan Hayworth, Renee Ellmers, Dave Camp, Fred Upton, Tom Reed, Kevin Brady, and Greg Walden..As long as all other qualifications are met, and they have evidence of their earnings, like W2s, they may file a claim for Social Security benefits. Others who receive an SSN after 2004 must have work authorization to claim benefits. Yet even people who worked illegally for many years sometimes later change status. That can occur even without an amnesty, especially if the illegals have children who were born in this country. Because the children are born as U.S. citizens, when they become adults they can sponsor their parents to stay in the U.S. legally and to receive work authorization. If their parents kept W2s and evidence earnings, those work credits will be re-instated to their new SSNs. Once they receive work authorization, noncitizens can later file a claim for Social Security benefits..Prescription Drug Re-Importation Making safe, secure re-importation a reality. … Continued

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